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Micron reveals details on new flash venture with Intel

Author: feeds.computerworld.com      Published: 24th Dec 2005     Visited: 161 times 
Category: MobileWireless
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The company said it will contribute assets valued at $995 million to the joint venture, dubbed IM Flash Technologies LLC, in addition to $250 million in cash, while Intel will contribute $1.2 billion in cash and notes.




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